Question 1.1. The structure of a __________ can change with regards to adding consultants, independent contractors, or employees. (Points : 2)

sole proprietorship

partnership

corporation

all of these are correct

Question 2.2. The __________ is intended to demonstrate how much money a company is making or losing by subtracting all of the costs of production of goods that have been sold during the period and other expenses of running the company from the revenues generated by sales. (Points : 2)

cost control

statement of cash flows

balance sheet

income statement

Question 3.3. Equipment is considered to be a __________ and because some equipment has a low price, it is up to the individual organization as to how it records the equipment. (Points : 2)

short-term liability

long-term liability

short-term asset

long-term asset

Question 4.4. When practitioners provide services under the Medicare program, they are required to accept assignment for all Medicare claims involving (Points : 2)

the clinical diagnostic laboratory.

physician lab services.

physician services to individuals dually entitled to Medicare and Medicaid.

all of these are correct

Question 5.5. For pricing purposes, in the ANSI X12N 837 P (837P) Electronic Claim Form, when the Place of Service (POS) is listed as __________, the pricing will be based on where the beneficiarys home is located. (Points : 2)

10

11

12

24

Question 6.6. __________ costs are influenced by volume and can change each month based on changes in volume. (Points : 2)

Direct

Variable

Fixed

Indirect

Question 7.7. Medicare covers beneficiaries who are __________ and have elected to pay a premium for coverage. (Points : 2)

entitled to Social Security

entitled to Railroad Retirement disability

most persons who have ESRD

all of these are correct

Question 8.8. Under Medicare Part A, covered items in an inpatient hospital include the following EXCEPT (Points : 2)

room and board.

physician services.

drugs and biologicals.

blood products.

Question 9.9. The Affordable Care Act established __________ that limit enrollment to Continuing Care Retirement Communities residents who are receiving health-related services under an agreement that is in place for a specified period or the life of the enrollee. (Points : 2)

Senior Housing Facility Plans

Medicare Medical Savings Accounts

Private Fee-for-Service Plans

Employer Group Health Plans

Question 10.10. There are several different types of payment adjustments in the Home Health Prospective Payment System such as __________, which entails four or fewer visits paid by discipline. (Points : 2)

LUP

HHPPS

PEP

none of these are correct